Insurance Business Development Specialist

3 weeks ago


Denver, Colorado, United States IMA Financial Group Full time
Company Overview

IMA Financial Group is a dynamic and expanding company that puts its associates first. With a unique ownership business model, we offer a competitive benefits package and opportunities for professional growth.

Salary and Benefits

We offer an estimated annual salary range of $57,000 to $72,000 USD, depending on experience and location. Our comprehensive benefits package includes an Annual Performance Bonus, Stock Purchase, Medical Plans, Prescription Drugs, Dental, Vision, Family Assistance Program, FSA, HSA, Pre-Tax Parking Plan, 401(k), Life/AD&D, Accident, Critical Illness, Hospital Indemnity, Long Term Care, Short-term Disability, Long-term Disability, Business Travel Accident, Identity Theft, Paid Time Off, Flexible Work Options, Paid Holidays, Sabbatical, Gift Matching, Health Club Reimbursement, and Personal and Professional Development.

Job Description

Key Responsibilities:

  • Supports and demonstrates IMA's core values.
  • Provides support to the Account Manager & Account Executive on large and complex client accounts by preparing coverage comparisons, submissions, premium & rate comparisons, processes audits on expired and/or non-renewed policies and other special requests.
  • Interact with clients (written or verbal) regarding special program needs and new assignments.
  • Understand and deliver on unique client expectations within book of business.
  • Temporarily back up AM as needed. Clients should not feel a gap in service knowledge.
  • Ability to problem-solve and suggest proactive solutions to AM and AE.
  • Responsible for loss analysis and loss specific tasks related to invoicing, trending, tracking and reconciliation.
  • Responsible for assigned special client needs i.e. allocation spreadsheets (monthly, quarterly, annually or as requested) whether specific line of coverage or all lines of coverage based on entities, locations or ownership of property. * Utilizes the AMS to keep detailed information on accounts (uploading policies, inputting large schedules, driver lists, etc.)
  • Controls industry specific reporting (well reporting, builder's risk, etc.)
  • Reviews certificate of insurance requests & provides direction to COE related to invoicing allocations, surplus lines, policy processing, master COIs, and client specific instructions for customized Auto ID cards, billings, etc.
  • Other general tasks include endorsement processing & billing, reviewing notice of cancellations, analysis of loss data within Experience Mods, deductible analysis and participation in internal review meetings and other meetings as requested. * Ability to work independently, lead project special assignments.
  • Supports as needed in special client projects.
Required Skills and Qualifications

We seek candidates with at least 3+ years of applicable experience, preferably with specialty experience. Key skills include attention to detail, ability to work within AMS and maintain data completeness standards, achieved general insurance designation, and pursuing other insurance designation - preferred. Project/time management skills to manage multiple priorities and keep processes moving from start to finish are also essential.

Why Join IMA?

As a part of our team, you will have opportunities to develop lasting relationships, earn competitive benefits, and claim part ownership. We provide support systems and resources that enable each associate to focus on what they do best. We work in teams, sell in teams, and win and prosper as a team.



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